Evidence Mounting of Market Solution to Housing

By Thomas D. Elias : californiafocus – excerpt

New evidence arrives almost every day backing the concept of a market-based solution to California’s housing shortage, one that does not have to involve politicians at all.

Of course, that offends politicos like San Francisco’s Democratic state Sen. Scott Wiener, who persists in the notion that high-density, high-rise apartments and condominiums are the answer.

In a sense, he’s right. For the market-based solution that’s fast taking shape does involve high rises and high density – just not in new buildings. Rather, housing will almost certainly occupy space now leased by insurance companies, law firms, venture capitalists, bank headquarters – almost every kind of white collar business… (more)

This what people have been been saying for a while. Re-purpose the existing properties.


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